The world's leading magazine for heavy lifting and transport equipment

Marsa Maroc and TIL Partner for Nador West Med Container Terminal

Marsa Maroc
Rate this post

Marsa Maroc and Terminal Investment Limited (TIL) have entered into a strategic partnership, with TIL acquiring a stake in the subsidiary managing the concession for a container terminal at Nador West Med port.

The agreement, pending approval from the relevant authorities, will establish a joint shareholding structure in which TIL will hold 50% minus one share, while Marsa Maroc will retain 50% plus one share, maintaining majority control over the terminal’s capital and voting rights.

Marsa Maroc initially secured the concession for the Nador West Med container terminal in June 2024. The facility will feature 1,520 linear meters of quay, a depth of 18 meters, and a 70-hectare yard, with a total handling capacity of 3.4 million TEU at full operation. The first phase is set to commence operations in early 2027.

This partnership aligns with Marsa Maroc’s ambitious 2030 strategic plan, reinforcing its commitment to expanding and modernizing Morocco’s port infrastructure. The collaboration with MSC Group, the world’s leading shipping company, further highlights Marsa Maroc’s ability to attract globally renowned partners to its key development projects.

Share This Post: